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Politics : Ask Michael Burke

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To: sammaster who wrote (59285)	5/13/1999 8:33:00 PM
From: Knighty Tin	Read Replies (3) of 132070

Samir, I own June 12 1/2s, and 17 1/2s. The options can be sold fairly easily in sizes up to 50 lots. After that, it gets tough. Mexico has two problems: 1. The oil rally is a phony. 2. The credit bubble in the US, which contributes nearly all of Mexico's GDP, will kill imports. When. Two months ago. <g> It didn't happen then, but any day or year now. This is the worst fakeout I've seen in years.

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